Abstract

To the Officers and Councilors of The American Society of Tropical Medicine and Hygiene:

We have examined the statements of assets, liabilities, and net worth (prepared on a cash basis with the exceptions noted below) of the American Society of Tropical Medicine and Hygiene and of the Tropical Medicine and Hygiene News as of December 31, 1978, and the related statements of cash receipts and disbursements for the year then ended. Our examination was made in accordance with generally accepted auditing standards and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances.

The records of the Society consistently have been maintained, and its financial statements prepared, on the cash basis, with the exception of the investment in Tropical Medicine and Hygiene News and an allowance for depreciation. The current financial statements have been prepared on the same basis.

In our opinion the accompanying financial statements summarize fairly the cash position, with the exceptions noted above, at December 31, 1978, and the cash transactions for the year then ended.